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Policy

State Rep. Stambaugh to introduce bill to help electric distribution companies

By Dave Kovaleski  |   March 25, 2025   |   Companies

Pennsylvania State Rep. Perry Stambaugh (R-Perry/Juniata) is planning to introduce legislation that would allow electric distribution companies to invest in and potentially own baseload generation. ...

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Pittsburgh’s tech sector sees massive venture capital investment deals during 2024

By Kim Riley  |   March 24, 2025   |   Featured

The technology sector in Pittsburgh experienced a record number of venture capital deals in 2024 demonstrating that the city’s tech economy remains resilient through waves of macroeconomic challenge...

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State legislation would ensure energy options

By Melina Druga  |   March 24, 2025   |   News

Legislation recently reintroduced in the state Senate would give Pennsylvania residents energy options. Senate Bill 311 would limit municipalities from banning a specific type of fuel source for he...

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Keystone receives $42M in financing

By Melina Druga  |   March 21, 2025   |   Investment

West Conshohocken-based Keystone, a vertically integrated commercial real estate development and investment company, recently secured $42 million in financing from Arbor Realty Trust for a 149-unit lu...

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Philadelphia Fed appoints three to Community Depository Institutions Advisory Council

By Dave Kovaleski  |   March 19, 2025   |   Featured

The Federal Reserve Bank of Philadelphia appointed three new members to its Community Depository Institutions Advisory Council. The new appointees include Kelly Botti, president and CEO of TruMark ...

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LS Power plans 700 MW of new generation supply in PJM territory

By Kim Riley  |   March 18, 2025   |   Companies

LS Power, a development, investment, and operating company focused on power generation, electric transmission, and energy infrastructure, recently applied to construct roughly 700 megawatts (MW) of ne...

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Artificial Intelligence Opportunity Task Force appoints Rep. Scialabba chairwoman

By Melina Druga  |   March 18, 2025   |   News

The Pennsylvania Artificial Intelligence (AI) Opportunity Task Force recently named state Rep. Stephenie Scialabba (R-Butler) as chairwoman. The task force identifies opportunities for AI across v...

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Pennsylvania American Water invested more than $675M in improvements in 2024

By Melina Druga  |   March 18, 2025   |   Companies

In 2024, Pennsylvania American Water invested more than $675 million in statewide system improvements. Upgrades and improvements included pipes, treatment plants, fire hydrants, pump stations, tan...

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U.S. Rep. Meuser sponsors bill to help small businesses

By Dave Kovaleski  |   March 17, 2025   |   Featured

U.S. Rep Dan Meuser (R-PA), along with Rep. Hillary Scholten (D-MI), introduced a bill in Congress that seeks to help small businesses in rural or low-income areas. The bill, the Investing in All o...

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Shapiro previews massive plan to supercharge energy development in Pennsylvania

By Kim Riley  |   March 13, 2025   |   Featured

Gov. Josh Shapiro on Tuesday released key components of the Lightning Plan, a comprehensive, all-of-the-above energy plan for the state that will soon be introduced in the General Assembly.  “Pe...

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Steel industry groups support 25 percent tariffs on imports

By Kim Riley  |   March 12, 2025   |   Featured

With the Trump administration’s new tariffs on steel and aluminum imports scheduled to take effect March 12, five organizations representing the American steel industry say they support restoring 25...

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Gov. Josh Shapiro

Shapiro incentivizes laid-off federal employees to come work for the state

By Kim Riley  |   March 7, 2025   |   Featured

Gov. Josh Shapiro on Wednesday issued an Executive Order that seeks to capitalize on recent federal layoffs by streamlining Pennsylvania’s hiring process to recruit a talented pool of workers to fil...

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House Majority Policy Committee holds hearing on state economy

By Melina Druga  |   March 7, 2025   |   News

The state House Majority Policy Committee recently held a hearing in Philadelphia at IBEW Local 98’s Training Facility to discuss ways to keep Pennsylvania’s economy moving forward. The Philad...

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Limerick-based The Victory Bank to open second branch in Horsham

By Melina Druga  |   March 6, 2025   |   Companies

Limerick-based The Victory Bank, a Pennsylvania state-chartered commercial bank, recently announced a second retail branch in Horsham will open on April 1. “At The Victory Bank, we do things diff...

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Opinion: No time for talk, Shapiro must act now to defund Kremlin

By Rep. Martina White and David N. Taylor  |   March 5, 2025   |   Policy

Following the contentious oval office meeting between President Trump, Vice President J.D. Vance, and Ukrainian President Volodymir Zelenskyy on Friday, Governor Josh Shapiro quickly jumped into the f...

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Geothermal energy in Pennsylvania could boost state’s energy industry, report says

By Liz Carey  |   March 3, 2025   |   Featured

Investing in geothermal energy could help the state generate enough energy to meet 100 percent of its electricity, heating and low-to medium-temperature industrial process needs in as little as a deca...

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Pennsylvania Chamber joins groups urging Congress to permanently extend tax cuts

By Liz Carey  |   February 28, 2025   |   Featured

The Pennsylvania Chamber of Business and Industry joined several chambers of commerce across the state, as well as chambers across the country and the U.S. Chamber of Commerce in urging Congress to ma...

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Attorneys general urge Congress to help fight organized retail crime

By Melina Druga  |   February 27, 2025   |   Federal

A coalition of 38 state attorneys general, including Pennsylvania Attorney General Dave Sunday, recently sent a letter to Congress, urging it to help the fight against organized retail crime. Natio...

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Stopping new energy taxes means pulling state out of RGGI, Yaw testifies

By Kim Riley  |   February 25, 2025   |   Featured

A Republican bill led by Pennsylvania State Sen. Gene Yaw (R-23) that would prevent a new electricity tax by repealing the state’s participation in the Regional Greenhouse Gas Initiative (RGGI) rece...

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Nearly half of rural hospitals operating at a loss

By Melina Druga  |   February 25, 2025   |   Local

Nearly half (48 percent) of general acute care hospitals located in rural counties operated at a loss during fiscal year 2023, according to a recently report by the Harrisburg-based Pennsylvania Healt...

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